China to Expand 5G Mobile Subscribers to 560m By 2024: China Daily

(AF) China has set a three-year target to have 560 million people accessing 5G mobile and a third of businesses hooked up to the fast wireless network, according to a report in China Daily.

Ten government bodies including the Ministry of Industry and Information Technology announced the plan, which would build on the 365 million 5G connections already in place, the report added.

China, which accounts for 80% of the world’s 5G connections, hopes to help nurture its digital industries by accelerating the rollout, the report stated.

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Mark McCord

Mark McCord is a financial journalist with more than three decades experience writing and editing at global news wires including Bloomberg and AFP, as well as daily newspapers in Hong Kong, Sydney and Melbourne. He has covered some of the biggest breaking news events in recent years including the Enron scandal, the New York terrorist attacks and the Iraq War. He is based in the UK. You can tweet to Mark at @MarkMcC64371550.